Trump wants to cut the trade deficit. If he does, he’ll create a lot of US jobs

Of all the economic policies President Trump has marked for attention this year – merit-based immigration, infrastructure and vocational training – fixing the trade deficit offers the biggest bang for the buck. Cutting the $620 billion annual trade gap in half could create 2 million jobs.

Manufacturing would benefit most, and it finances two-thirds of business research and development. Investments in intellectual property for new materials, supply chain management, artificial intelligence and the like could boost long-term economic growth by a full percentage point.

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http://www.foxnews.com/opinion/2018/03/06/trump-wants-to-cut-trade-deficit-if-does-ll-create-lot-us-jobs.html